How to Achieve Financial Peace

Step-by-Step Guide

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   Step 1: Make a written life plan for your situation and your money as the one best way to get started

   If you are married get on the same page with your spouse about money.
   
   Plan for no more money fights over what you have done without consulting each other, when you both as a couple commit to make decisions about the future and money together.
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   Step 2: and stay with it as you proceed.

   Schedule your goals in writing to help you to begin to meet your goals because now you will know what they are! , Revamp, rethink and go again on the necessary path (educational and career pathways). ,, Actually use that plan, then your guessing games can be thing of the past! , Your accountability partner may be a spouse, parent, your pastor, older sibling, and at school
   -- a counselor, or trusted teacher at his/her office hour as well as the others. , Instead of dreading Mondays and loving Fridays, you can decide to find and do work that you love. , Get needed training at trade school or junior college, called community college, "continuing education courses" can help also. , It's time to pay off loans and get rid of the expensive car and the car loan until you can get all debts paid off now or as soon as possible! Pay off the smallest monthly payment first because it is doable and will lead to greater things.
   
   Then add that freed-up money to increase the amount paid on the next larger short-term debt payment.
   
   Pay that off, and continue to the next one; this may be compared to "snowballing your payments". , Learn to cover yourself with the right type of insurance for you, your family and your assets. , Instead if possible have major medical (hospitalization), liability insurance, fire and casualty, and affordable term life insurance (It is inexpensive.). , Have a serious friend, spouse or parent along as a witness to what is said.
   
   Get them to help you read and understand the contract.
   
   Get it all in writing, and in the case of remodeling and such
   -- inspect work in progress and get second opinions.
   
   Get the work inspected by a licensed home appraiser, a retired home builder, experienced family member or other expert. , If those kids are young prepare for their college funding will save them from student loans later in life. , Show them how to save, spend and invest their money and help them make a better future for themselves! , This can save headaches, heartache and money.
   
   Figure out how you can retire without debts, and no money worries
   -- "earning" peace.
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   Step 3: Work toward getting your finances in order with all your other written goals at all levels in various areas of life to build upon.

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   Step 4: Rewrite your schedule of goals as necessary to keep it working for you.

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   Step 5: Stop scheming and start creating: Immediate goals now (get forms

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   Step 6: permits

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   Step 7: or such) that lead to Short term goal(s) soon (applying for the job or to your school of choice); Intermediate goals next months

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   Step 8: and years (keep it working forward) Long term goals over the decades of a "busy kind of peace" by enjoying your active life...

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   Step 9: Create a budget

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    Step 10: write your expenses and stop unnecessary spending.

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    Step 11: Gain a sense of power by acquiring an accountability partner to help you make smart decisions (not a fast talking salesman; getaway quick).

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    Step 12: Find a kind of work and career that you love so that you can be at peace (not just a job).

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    Step 13: Take additional courses (possibly as a short term goal) to get the knowledge needed if you are not yet ready for intermediate goals and long term goals.

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    Step 14: Get out of debt—for good this time.

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    Step 15: Get only the insurance that you really need

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    Step 16: and avoid what you don't really need.

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    Step 17: Consider avoiding specialty insurance like "accident

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    Step 18: " "death and dismemberment

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    Step 19: " "cancer insurance" (they are inexpensive because most people will never need them

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    Step 20: or drop them before they do) and also whole life (which is expensive

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    Step 21: but has "cash value").

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    Step 22: Bargain and get better deals in writing in detail on all significant expenses.

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    Step 23: Plan ahead for peace if you are a parent for your kids' and grand kids' college funding.

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    Step 24: Learn so you can pass peace onward

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    Step 25: ie: teach your friends

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    Step 26: kids and grand kids about money.

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    Step 27: Prepare yourself for a happy and stress-free retirement by planning now.

Detailed Guide

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